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Daily Archives: February 17, 2015
Assault on democracy: big banks controlling ‘journalists’
Peter Oborne is a proper journalist. He is the former chief political commentator of the Telegraph and reports for Channel 4’s Dispatches and Unreported World. He has written a number of books identifying the power structures that lurk behind political … Continue reading
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Dr copper diagnosis: global demand in poor health
Macroeconomic indicators of global demand and growth continue to pretty relentlessly tank week over week, and the 2015 earnings forecasts of S&P 500 companies (burgundy line bottom chart) are dropping along for the ride. This makes some sense. Accounting gimmicks … Continue reading
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Impossible debt stifling Greece and consumers the world over
One of the greatest costs of the credit bubble that has enveloped the world the past 15 years is that it has allowed the price of most assets and services to skyrocket. In a sustainable equilibrium, available capital to fund … Continue reading
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